Copper Market Updates for 3 March 2017

Copper trading range for the day is 392.2-407.4. Copper dropped as trader booked there long position tracking stronger dollar overwhelmed ongoing supply disruptions Chinas factory activity expanded faster than expected in February as domestic and export demand picked up. U.S. consumer spending cooled in January as demand for automobiles and utilities fell, but inflation recorded its biggest monthly increase in four years.

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